NPCI | Jotup

PPRO Signs Strategic Partnership With NPCI International, Unlocking Simplified Access to India’s UPI Payment System for Cross-Border Transactions

Retrieved on:

Thursday, April 27, 2023

Finance, Banking, Payments, Professional Services, Technology, NIPL, PSP, Unified Payments Interface, Riau rupiah, UPI, NPCI, National Payments Corporation of India, Bank, Online shopping

PPRO , the leading digital payments infrastructure provider, has signed a strategic agreement with NPCI International Payments Limited (NIPL) to offer global partners access to Unified Payments Interface (UPI), India’s fastest-growing, real-time payment system, for cross-border transactions.

Key Points:

PPRO , the leading digital payments infrastructure provider, has signed a strategic agreement with NPCI International Payments Limited (NIPL) to offer global partners access to Unified Payments Interface (UPI), India’s fastest-growing, real-time payment system, for cross-border transactions.
For consumers, this means they can seamlessly make cross-border purchases in Indian Rupees using their favourite payment method.
Launched in 2016, UPI is India’s most popular instant payment system, already processing 60% of all domestic payments.
In March 2023 alone, UPI processed over 8.7 billion transactions, the highest since its launch.

India Prepaid Card and Digital Wallet Market 2023: Tokenization Can Accelerate the Digital Payments Adoption and Prepaid Card Market Growth - ResearchAndMarkets.com

Retrieved on:

Wednesday, March 29, 2023

Banking, Professional Services, Spend, Google Pay, PhonePe, Smartphone, National Payments Corporation of India, Unified Payments Interface, UPI, Government, Paytm, NPCI, Growth, Ecosystem, ROI, SME, Cryptocurrency, Video game, Mail

According to the publisher, the prepaid card market (value terms) in India increased at a CAGR of 18.4% during 2018-2022.

Key Points:

According to the publisher, the prepaid card market (value terms) in India increased at a CAGR of 18.4% during 2018-2022.
The robust digital payments infrastructure, coupled with a high smartphone and internet penetration rate, has driven the prepaid card market in India.
Over the next three to four years, the growth in online shopping is expected to further accelerate the growth of the prepaid card market in India.
For instance,
In-depth understanding of prepaid card and digital wallet market dynamics: Understand market opportunity, industry dynamics, key trends and drivers across 75+ market segments and sub-segments of prepaid payment instrument in India.

India Prepaid Card and Digital Wallet Business and Investment Opportunities Databook Q1 2023 Update: Robust Digital Payment Infrastructure Bolsters Sector

Retrieved on:

Tuesday, March 28, 2023

DUBLIN, March 28, 2023 /PRNewswire/ -- The "India Prepaid Card and Digital Wallet Business and Investment Opportunities Databook - Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend - Q1 2023 Update" report has been added to ResearchAndMarkets.com's offering.

Key Points:

DUBLIN, March 28, 2023 /PRNewswire/ -- The "India Prepaid Card and Digital Wallet Business and Investment Opportunities Databook - Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend - Q1 2023 Update" report has been added to ResearchAndMarkets.com's offering.
The robust digital payments infrastructure, coupled with a high smartphone and internet penetration rate, has driven the prepaid card market in India.
With over 100 KPIs at country level, this report provides comprehensive understanding of prepaid card and digital wallet card market dynamics.
With over 100 KPIs at country level, this report provides comprehensive understanding of prepaid card and digital wallet card market dynamics.

Global Prepaid Card and Digital Wallet Business and Investment Opportunities Databook Q1 2023 Update: Prepaid Payment Instruments Are Expected to Dominate E-Commerce Payments

Retrieved on:

Tuesday, March 28, 2023

DUBLIN, March 27, 2023 /PRNewswire/ -- The "Global Prepaid Card and Digital Wallet Business and Investment Opportunities Databook - Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend - Q1 2023 Update" report has been added to ResearchAndMarkets.com's offering.

Key Points:

DUBLIN, March 27, 2023 /PRNewswire/ -- The "Global Prepaid Card and Digital Wallet Business and Investment Opportunities Databook - Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend - Q1 2023 Update" report has been added to ResearchAndMarkets.com's offering.
In the global prepaid card market, more and more fintech firms have shifted their focus toward kids' and teens' banking.
With over 100 KPIs at country level, this report provides comprehensive understanding of prepaid card and digital wallet card market dynamics.
With over 100 KPIs, this report provides comprehensive understanding of prepaid card and digital wallet card market dynamics.

Global Prepaid Card and Digital Wallet Market Report Q1 2023: Firms are Launching Transit and Retail Prepaid Cards to Drive Their Transaction Value and Volume - ResearchAndMarkets.com

Retrieved on:

Thursday, March 23, 2023

According to the report, the global prepaid card market (value terms) increased at a CAGR of 8.3% during 2018-2022.

Key Points:

According to the report, the global prepaid card market (value terms) increased at a CAGR of 8.3% during 2018-2022.
In the global prepaid card market, more and more fintech firms have shifted their focus toward kids' and teens' banking.
With over 100 KPIs at country level, this report provides comprehensive understanding of prepaid card and digital wallet card market dynamics.
Digital wallet segments: Provides value, volume and average value per transaction across 5 key spend categories in digital wallet.

JCB Reaches One Million Rupay JCB Card Issuance Mark in India

Retrieved on:

Monday, February 13, 2023

JCB Co., Ltd., JCB, INR, NPCI, Partnership, Travel, Growth, RuPay

TOKYO, Feb 13, 2023 - (JCN Newswire) - JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand, today announced issuance of one million Rupay JCB Cards in India.

Key Points:

TOKYO, Feb 13, 2023 - (JCN Newswire) - JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand, today announced issuance of one million Rupay JCB Cards in India.
Along with the 3-fold growth in card issuance, a significant growth in Rupay JCB Card usage was also seen with international spending growing 8-fold between April 2022 to December 2022.
This is expected to further grow rapidly given the extremely lucrative international campaign currently available for RuPay JCB cardmembers.
This first million Rupay JCB issuance milestone is a testament to the strength of our partnership which will continue to grow in the coming years.

JCB partners with NPCI to offer 40% cashback for RuPay JCB Cardholders for in-store purchases in Thailand, Singapore and Bahrain

Retrieved on:

Thursday, December 29, 2022

Partnership, JCB, Credit, United Arab Emirates, JCB Co., Ltd., T&C, NPCI, RuPay, New Year, Payment card, Cryptocurrency

JCB International Co. Ltd. is the international operations subsidiary of JCB Co. Ltd., Japan's only international payment brand.

Key Points:

JCB International Co. Ltd. is the international operations subsidiary of JCB Co. Ltd., Japan's only international payment brand.
During the offer period, customers using a RuPay JCB Card will receive a 40% cashback on purchases made at retail stores in Thailand, Singapore, and Bahrain.
Kunal Kalawatia, Chief of Products, NPCI said, "We are happy to announce the second phase of our cashback offer scheme for all RuPay JCB Credit and Debit Cardholders.
Therefore, we have attempted to synchronize the appropriate locations with the opportune time in introducing the continuation of our cashback offer scheme for RuPay JCB Cardholders.

Indian Neo Banking Industry Outlook Report 2022-2027: Adoption of Contactless Payments, Shifting Consumer Preferences Towards Fin-Tech, Rising Market Players and Digitalization - ResearchAndMarkets.com

Retrieved on:

Friday, December 30, 2022

The "Indian Neo Banking Industry Outlook to 2027: Driven by Adoption of Contactless Payments, Shifting Consumer Preferences Towards Fin-Tech, Rising Market Players and Digitalization" report has been added to ResearchAndMarkets.com's offering.

Key Points:

The "Indian Neo Banking Industry Outlook to 2027: Driven by Adoption of Contactless Payments, Shifting Consumer Preferences Towards Fin-Tech, Rising Market Players and Digitalization" report has been added to ResearchAndMarkets.com's offering.
The report covers various aspects including Neo Banking industry market size on the basis of revenue, market overview, genesis of the market
Indian Neo Banking market expanded with substantial growth in between 2017 and 2022 with massive expansion in the adoption of Neo Banking as the mode of payment due to rising industry valuation, trend of contactless payments and the emergence of Neo Banking startups.
Neo Banks RazorPay are providing Neo Banking facilities to all kinds of Indian residents in all major tier-I and tier-II cities.
Many new Neo Banks will be entering the Indian Neo Banking space by offering services to individuals and corporates.

JCB identifies India as a key growth market for European merchants and acquirers to further propel digital payments and online spending

Retrieved on:

Tuesday, November 29, 2022

[3]

Key Points:

[3]
Traditionally a "cash-first" society, there has been a significant shift towards digital and card payments as part of a "less-cash" movement in recent years.
This has been accelerated by government initiatives such as Digital India introduced with the specific aim to "transform India into a digitally empowered society and knowledge economy".
[4]
The National Payment Corporation of India (NPCI), set up by the Reserve Bank of India and Indian Banks' Association, has been a major factor in enabling widespread digital payments in the region.
As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide.

JCB partners with NPCI to offer 40% cashback for RuPay JCB cardholders for in-store purchases in Australia, Qatar and UAE

Retrieved on:

Wednesday, November 2, 2022

JCB, Credit, T&C, National Payments Corporation of India, INR, DELHI, COO, JCB Co., Ltd., Travel, NPCI, Hope, POS, RuPay, Payment card, Life insurance, Debits and credits

- All RuPay JCB Debit & Credit Cardholders will be offered 40% cashback on in-store purchases* in Australia, Qatar and United Arab Emirates.

Key Points:

- All RuPay JCB Debit & Credit Cardholders will be offered 40% cashback on in-store purchases* in Australia, Qatar and United Arab Emirates.
In accordance with the offer, customers using a RuPay JCB Card will receive 40% cashback at retail stores in Australia, Qatar and United Arab Emirates (UAE) during the offer period.
With wide acceptance of merchants internationally, the RuPay JCB Debit & Credit cardholders will enjoy a hassle-free and rewarding experience wherever they go."
Denny V. Thomas, Head- RuPay, NPCI said, "We are delighted to launch the cashback offer for our RuPay JCB Credit and Debit cardholders.